Mt. Gox moves 10,422 BTC worth $739M to a new wallet ahead of deadline

Defunct bitcoin exchange Mt. Gox moved 10,422.65 BTC — roughly $739 million — to new wallets at 04:47 UTC on Tuesday, its largest single transfer in months and the biggest move ahead of the October 31, 2026 deadline to complete creditor repayments. The transaction, recorded in Bitcoin block 952,072, split the coins: 10,306.35 BTC went to a previously unseen address beginning with 14FEEM, while 116.30 BTC routed to Mt.

Gox’s known hot wallet at 1Jbez, Arkham Intelligence flagged. That pattern mirrors earlier administrative transfers tied to creditor distributions, though none of the coins has yet been forwarded to a custody provider or exchange. Mt. Gox still holds roughly 34,504 BTC, valued at about $2.43 billion.

Repayments began in mid-2024 and around 19,500 creditors have received funds; trustee Nobuaki Kobayashi has twice pushed back the final deadline, with a Tokyo court in October 2025 extending the deadline to October 31, 2026 due to incomplete creditor procedures and pending processing issues.

Japan, Tokyo

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